As opposed to the original Web 1.0 of the 1990s and early 2000s, Web 2.0 and Web 3.0 are later incarnations of the web. We are all familiar with the most recent iteration of the internet, known as Web 2.0. However, the existing web environment has to evolve, and Web 3.0 might be the improvement we're looking for.
What Is Web 3.0?
In the new technology paradigm known as "Web 3.0," the World Wide Web of connected web pages expands to encompass a number of new capabilities and functionalities, including decentralized web apps and decentralized autonomous organizations (DAOs) that operate on a blockchain architecture. Web 3.0 applications use cutting-edge technology to deliver creative and useful solutions, resulting in unique services that produce extraordinary results.
Web 3.0 is the next phase of the World Wide Web, characterized by a three-tiered system of Internet access and usage. The first tier, which includes the traditional Internet as we know it, is written and operated by humans. The second tier, what some have called the "Internet of Things," is a system that consists of machines with sensors that are able to interact with each other and online systems. These machines generate large amounts of data that can be analyzed using artificial intelligence. The third tier would be built on top of the second tier and include capabilities such as autonomous vehicles or smart cities. This third layer is where machine-to-machine transactions take place without human involvement, unleashing virtually unlimited possibilities for innovation and collaboration.